[breppp]

My conspiracy theory was that because of Musk's involvement in OpenAI he had foreknowledge of the impeding release of ChatGPT. In that context, Twitter as a source for AI training can be far more valuable than a rage filled social network. However he still failed horribly to time the market

[debugnik]

> Twitter as a source for AI training can be far more valuable than a rage filled social network

Isn't Twitter the go-to example of a rage filled social network?

[foobarchu]

I took them to mean it can be both things at once, and one is more valuable than the other. Not that being an ai training source would make it a rage filled social network.

[debugnik]

> I took them to mean it can be both things at once

Thanks, now I get the intended reading.

> Not that being an ai training source would make it a rage filled social network.

I clearly didn't mean that would be the cause, though. Twitter's current state had been cooking for a decade.

[fpia]

nah, that's 4chan

[claytonjy]

how would you explain how hard he fought to NOT buy twitter?

people seem to forget he was legally forced to buy Twitter after he tried for months to get out of his joke bid, primarily through claiming he was misled about the extent of bots on the platform

[breppp]

The entire idea is to buy an undervalued platform using insider information, if the stock price plunges after he committed to a price then it's no longer undervalued. This has happened between his bid and termination announcements.

I also roughly remember he had his Tesla holdings as collateral creating some liquidity crisis for him.

This elaborate explanation does not mean it isn't wrong and the original theory of idiot-with-money does not hold

[sleepybrett]

He just had to pay what 1/50th of his bid to exit the buy. He'd make that bill back in what a month?